Upgrades for BorgWarner, Energy of Minas, and Bankinter Stocks

Recent report reveals significant upgrades in ratings for BorgWarner, Energy of Minas Gerais, and Bankinter. These changes indicate improving fundamentals for the stocks, potentially impacting their market value positively as investor interest increases.

Date: 14-09-2024

AI Rating: 7

The report discusses the recent upgrades for three stocks: BorgWarner Inc. (BWA), Energy of Minas Gerais Co - ADR (CIG), and Bankinter SA - ADR (BKNIY). It highlights improvements in their ratings based on the underlying fundamentals and stock valuations according to David Dreman's strategy.

BorgWarner Inc. (BWA) sees a rating increase from 64% to 76%. Notably, its Earnings Per Share (EPS) growth rate for both the immediate past and future is marked as a PASS, indicating strong performance in this area. The company has also passed tests for overall market capitalization and P/E ratio, showcasing a positive trend. However, it failed the tests on Price/Book (P/B) value and Return on Equity (ROE), which could be concerning for investors.

Energy of Minas Gerais Co - ADR (CIG) has experienced an increase in rating from 76% to 83%. Here, while Market Cap, Earnings Trend, and P/E ratio passed, it notably failed on the EPS growth rate test. This failure indicates potential challenges in sustaining profitable growth, which may affect investor sentiments.

Bankinter SA - ADR (BKNIY) achieved a rating increment from 64% to 76%. The company successfully passed tests for EPS growth rate and P/E ratio, but found failures in Earnings Trend and Return on Equity, which raises caution among investors regarding its financial performance sustainability.

Overall, the upgrades indicate improving investor interest in these stocks. However, the failures in certain key areas such as ROE and EPS growth could dampen the momentum slightly. Therefore, while there is an overall positive outlook based on upgrades, investors should remain vigilant of the underperforming segments within these companies.

Stocks: BWA CIG BKNIY